Advised by Sidley Austin, Tribune Co. Files for Bankruptcy

The Tribune Co. has filed for bankruptcy, aided by the law firm Sidley Austin. The Chicago Tribune, a newspaper owned by the company, reported the bankruptcy filing Monday afternoon. The petition was filed in federal bankruptcy court in Delaware, the Associated Press reports.

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We hope this will yield significant document reviews in D.C. and Chicago. Sidley Austin is a powerhouse in the bankruptcy/restructuring area.